'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
It's always better to talk things through and come to a mutual agreement than to go behind someone's back to get what you want, advises rediffGURU Anu Krishna.
Ever since the Quad started taking shape in 2007, China has been saying that the four-member grouping will be bound to fail. But much to the chagrin of Beijing, it picked up pace in the recent years emerging as a premier strategic group especially challenging China's assertiveness in the disputed South China Sea.
The income tax department on Wednesday issued FAQs on changes in the capital gains tax saying the idea behind it was to simplify the tax structure and promote ease of compliance. The holding period for various asset classes for the purpose of short- and long-term capital gains tax has been rationalised. The holding period of all listed assets will be now one year for the purpose of long-term capital gains tax (LTCG).
'I gave enough evidence and proof to punish corrupt officials.' 'But my own government has not filed any FIR against such officials.'
Alex Marshall said that he is happy to find that more and more players are reporting corrupt approaches with the ICC ACU, ensuring them to keep the game clean.
Ratan Tata: A Life, the much awaited biography, reveals that after a year of 'parallel running', Tata began having second thoughts about Cyrus Mistry's 'suitability'. 'Mistry targeted Ratan, the man who had elevated him from virtual oblivion into the mainstream of the Tatas...'
In a case related to Mumbai-based Jai Trust versus Union government, the court ruled that a gift is a consideration-less transaction, and hence, not liable for capital gains tax. It quashes the reassessment notice issued by the tax authorities alleging that a specific income has escaped assessment on transfer of shares as gift by the trust.
"We are waiting for our good friend Modi and best regards to him," the Russian media quoted Putin as saying in the meeting with Doval.
In the talks, Putin hoped that Prime Minister Narendra Modi will travel to Russia's Kazan next month to attend the annual BRICS summit.
rediffGURU Kanchan Rai urges you to talk about your problems so you can seek solutions and also transform your life.
A bench of Justices Surya Kant and Ujjal Bhuyan directed the five-member committee to convene its first meeting within a week and reach out to the agitating farmers to persuade them to immediately remove their tractors, trolleys etc from the Shambhu border between Punjab and Haryana to provide relief to commuters.
He also said that the BJP's defeat in Faizabad seat of Ayodhya, where the Ram temple has been built, shows the wisdom of voters.
A large number of police personnel have been deployed there to prevent any untoward incident in view of the prevailing situation, he said.
'For politicians, winning the next election has become more important than economic stability of the country and broader national interest.'
Aam Aadmi Party MLA Mukesh Ahlawat will be the new face in the Delhi cabinet headed by Atishi, who will be sworn in as chief minister on September 21, and four ministers will be retained, the party said on Thursday.
A 15-point agenda of Friday's session issued by the Secretariat on Thursday night also includes the no-confidence motion.
Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.
The Supreme Court said on Thursday that the purpose of criminal proceedings is to bring a wrongdoer to justice and not to seek revenge or pursue vendetta.
The Lucknow bench of the Allahabad high court on Friday issued a notice to Dr Zakir Hussain Memorial Trust, run by Union minister Salman Khurshid and his wife Louis, on a PIL seeking direction for the lodging of an FIR and also monitoring by the court in the case relating to the Trust.
The situation along the Line of Actual Control (LAC) in eastern Ladakh is stable but sensitive and not normal, Chief of Army Staff General Upendra Dwivedi said on Tuesday on the dragging military standoff between China and India in the region.
In his letter to Modi, Kharge asserted that strict legal action should be taken against those giving such statements so that Indian politics can be prevented from degenerating and nothing untoward happens.
Congress president M Mallikarjun Kharge, meanwhile, came to Siddaramaiah's defence, stating that the party is standing with him and will support him.
Customers frequently sign without reading the terms and conditions, resulting in a poor understanding of coverage, and eventually leading to partial payouts
Defence Minister Rajnath Singh on Friday praised the Indian Army as one of the most trusted and inspiring organisations in the country, highlighting its significant role in safeguarding borders, combating terrorism and assisting civil administration in times of need.
Noting that the "trust deficit" between India and Pakistan is a bilateral issue, US said on Thursday that it was "gratified" that the leaders of the two nations are moving in a direction to see that the dialogue become deeper.
Leader of Opposition in the Lok Sabha Rahul Gandhi on Tuesday alleged that the Bharatiya Janata Party has done 'grave injustice' to the youth of the country, including in Haryana, by snatching employment opportunities and forced them to undertake a 'journey of torture' to foreign countries.
There is no action against the "BJP-linked" school management but an arrested accused is shot dead in suspicious circumstances, he said, adding "we have no trust in Badlapur police".
What might seem like harmless flirting to you could be interpreted differently by him, especially when you have a history with that person, says rediffGURU Ravi Mittal.
'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'
He takes over the CBI in challenging times. The perception is that the agency is reduced to being an instrument of blackmail and intimidation by successive governments.
Breaking his silence over the matter, Vijayan on Tuesday sounded tough and said a high-level probe by a top-ranking officer would be held into the charges raised by the MLA.
A toxic friend is always complaining, or finding fault and creating drama to prove that something that happened is your fault.
Manchester City have one just victory from their last 10 games across all competitions.
Bhutan firmly abides by the one-China principle meaning Taiwan and Tibet are part of China and stands ready to work with China for an early settlement of the boundary issue and advance the political process of establishing diplomatic relations, it said.
Competition Commission of India on Wednesday said it has approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire. The deal, announced six months ago, has been cleared by the CCI with certain modifications proposed by the two parties.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Olympic medallists Sakshi Malik and Aman Sehrawat, along with former world championship bronze-winner Geeta Phogat, on Monday announced that they would soon launch a Wrestling Champions Super League (WCSL)
Activist Manoj Jarange, whose indefinite fast over Maratha reservation entered the fifth day on Wednesday, started taking intravenous fluids after a Maharashtra minister assured to resolve the issue.
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